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Author Question: If Accounts Receivable turnover is 10.4, this means that from the date of: (Read 206 times)

tsand2

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on: Feb 19, 2020
If Accounts Receivable turnover is 10.4, this means that from the date of:
◦ invoice to the date of payment is approximately 35 days.
◦ purchase to the date of payment is approximately 35 days.
◦ sale to the date of receipt of payment is approximately 35 days.
◦ discount to the date of receipt of payment is approximately 35 days.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by tsand2 on Feb 19, 2020

mathjasmine

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Reply #1 on: Feb 19, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tsand2

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Reply 2 on: Feb 19, 2020
Excellent

nathang24

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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